Donald L. Reeves III - Jun 6, 2023 Form 4 Insider Report for ITRON, INC. (ITRI)

Role
SVP, Outcomes
Signature
/s/ Christopher E. Ware, attorney-in-fact
Stock symbol
ITRI
Transactions as of
Jun 6, 2023
Transactions value $
-$194,573
Form type
4
Date filed
6/7/2023, 02:31 PM
Previous filing
Mar 2, 2023
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITRI Common Stock Options Exercise $266K +4.8K +44.38% $55.49 15.6K Jun 6, 2023 Direct
transaction ITRI Common Stock Sale -$361K -5.13K -32.82% $70.46 10.5K Jun 6, 2023 Direct F1, F2
transaction ITRI Common Stock Sale -$99.8K -1.4K -13.38% $71.06 9.09K Jun 6, 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITRI Stock Option (Right to Buy) Options Exercise $0 -4.8K -100% $0.00* 0 Jun 6, 2023 Common Stock 4.8K $55.49 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents number of shares sold under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on November 18, 2022.
F2 Represents weighted average price. Shares were sold in multiple transactions at prices ranging from $70.00 to $70.99, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.
F3 Represents weighted average price. Shares were sold in multiple transactions at prices ranging from $71.01 to $71.17, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.
F4 Represents number of options exercised under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on November 18, 2022.
F5 This option vested in the amount of 368 shares each month from January 10, 2018 to April 10, 2020 and 386 shares vested on May 10, 2020.